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Green Finance: Perspectives in Sustainable Finance Instruments and ESG Activities

Author

Listed:
  • M S, Navaneeth
  • Siddiqui, Ismail

Abstract

It is clear that the rapid expansion of the post-World War two economy, financed through Bretton Wood Institutions is not a model path. The role of financial institutions is increasingly being recognised in this domain as a way to redeem the perceived environmental disregard. The development agenda received a critical rethinking as it became clear by the late 1980s that the pre-existing models of industrialisation prescribed to the ‘developing-world’ meant deep neglect of the environment. In order to go ahead with attaining the 2030 Sustainable Development Goals (SDGs), there is a major push required for green projects. Green bonds can unleash the power that the financial sector holds, as it will bestow a strong motivation upon banks and investors to move the capital from dirty industries to cleaner ones.

Suggested Citation

  • M S, Navaneeth & Siddiqui, Ismail, 2022. "Green Finance: Perspectives in Sustainable Finance Instruments and ESG Activities," MPRA Paper 115344, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:115344
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    File URL: https://mpra.ub.uni-muenchen.de/116534/16/MPRA_paper_116534.pdf
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    References listed on IDEAS

    as
    1. Berensmann, Kathrin & Lindenberg, Nannette, 2016. "Green finance: actors, challenges and policy recommendations," Briefing Papers 23/2016, German Institute of Development and Sustainability (IDOS).
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    More about this item

    Keywords

    Green Finance; Climate Change; Green bonds; SDG;
    All these keywords.

    JEL classification:

    • G38 - Financial Economics - - Corporate Finance and Governance - - - Government Policy and Regulation
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth

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